Hot-melt Adhesive Market: Trends, Forecast, and Competitive Analysis to 2031

The "Hot-melt Adhesive Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Hot-melt Adhesive market is expected to grow annually by 14.5% (CAGR 2024 - 2031).

This entire report is of 139 pages.

Hot-melt Adhesive Introduction and its Market Analysis

Hot-melt adhesive is a thermoplastic glue that is used in various applications like packaging, construction, woodworking, and automotive industries. The global hot-melt adhesive market is experiencing significant growth due to factors such as increasing demand from end-user industries, technological advancements, and growing awareness about environmental benefits.

Major companies operating in the hot-melt adhesive market include 3M, Henkel, DowDuPont, . Fuller, and Huntsman. These companies are focusing on product innovation, strategic partnerships, and expanding their product portfolios to cater to the growing demand for hot-melt adhesives.

The market research report provides an in-depth analysis of the hot-melt adhesive market, including market size, trends, growth drivers, challenges, and opportunities. The report also offers insights into key market players, their strategies, and competitive landscape. Key findings and recommendations from the report include the need for companies to focus on product development, market expansion, and sustainability initiatives to capitalize on the growing demand for hot-melt adhesives.

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The hot-melt adhesive market is experiencing significant growth, with key types including thermoplastic polyurethane, ethylene vinyl acetate, styrenic-butadiene copolymers, polyolefins, and polyamide. These adhesives are utilized in various industries such as building & construction, paper, board & packaging, woodworking & joinery, transportation, footwear & leather, healthcare, electronics, and others.

Regulatory and legal factors specific to market conditions play a crucial role in shaping the industry landscape. Companies must adhere to stringent regulations regarding product safety, labeling, and environmental impact. Additionally, legal factors related to intellectual property rights and competition can influence market dynamics.

Overall, the hot-melt adhesive market is poised for growth due to increasing demand in various end-user industries and technological advancements in adhesive formulations. Companies operating in this market must stay abreast of regulatory and legal developments to ensure compliance and sustain competitiveness in the evolving market landscape.

Top Featured Companies Dominating the Global Hot-melt Adhesive Market

The hot-melt adhesive market is highly competitive, with several key players dominating the industry. Some of the major companies operating in the hot-melt adhesive market include 3M, AdCo, Adhesive Technologies, Aerocoll Chemie, Alfa, Arkema, Avery Dennison, Beardow Adams, Bühnen, Collano Adhesives, DELO Industrial Adhesives, DowDuPont, Drytac, Franklin International, . Fuller, Helmitin, Henkel, Hexcel, Hexion, Huntsman, Jowat, KMS Adhesives, LORD, Mactac, Mapei, MasterBond, Paramelt, Pidilite, Super Glue, and Wacker Chemie.

These companies offer a wide range of hot-melt adhesive products for various applications such as packaging, woodworking, construction, automotive, and electronics. They invest heavily in research and development to innovate new products with improved performance and sustainability. These companies also focus on expanding their global presence through strategic partnerships and acquisitions.

3M, for example, offers a diverse range of hot-melt adhesives for different industries, contributing significantly to the growth of the market. Henkel, another major player, provides innovative solutions for packaging and consumer goods industries. H.B. Fuller and DowDuPont are also key players in the hot-melt adhesive market, offering a wide range of products for different applications.

In terms of sales revenue, Henkel reported sales of €19.3 billion in 2020, while 3M reported sales of $32.2 billion in the same year. These companies have a strong financial position and market presence, enabling them to drive growth in the hot-melt adhesive market. Overall, the competitive landscape of the hot-melt adhesive market is robust, with key players constantly striving to innovate and expand their product offerings to meet the evolving needs of various industries.

• 3M
• AdCo
• Adhesive Technologies
• Aerocoll Chemie
• Alfa
• Arkema
• Avery Dennison
• Beardow Adams
• Bühnen
• Collano Adhesives
• DELO Industrial Adhesives
• DowDuPont
• Drytac
• Franklin International
• H.B. Fuller
• Helmitin
• Henkel
• Hexcel
• Hexion
• Huntsman
• Jowat
• KMS Adhesives
• LORD
• Mactac
• Mapei
• MasterBond
• Paramelt
• Pidilite
• Super Glue
  Wacker Chemie

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Hot-melt Adhesive Market Analysis, by Type:

• Thermoplastic Polyurethane
• Ethylene Vinyl Acetate
• Styrenic-Butadiene copolymers
• Polyolefins
• Polyamide

Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-Butadiene copolymers, Polyolefins, and Polyamide are all different types of hot-melt adhesives that offer unique properties suitable for various applications. These adhesives are known for their excellent bonding strength, flexibility, and resistance to various substances, making them popular choices in industries such as packaging, woodworking, automotive, and construction. The versatility and performance of these hot-melt adhesives have contributed to the growth of the hot-melt adhesive market as industries seek efficient and reliable bonding solutions for their products.

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Hot-melt Adhesive Market Analysis, by Application:

• Building & Construction
• Paper, Board & Packaging
• Woodworking & Joinery
• Transportation
• Footwear & Leather
• Healthcare
• Electronics
• Others

Hot-melt adhesive is used in various applications such as Building & Construction (for instant bonding of materials), Paper, Board & Packaging (for sealing and laminating), Woodworking & Joinery (for bonding wood products), Transportation (for automotive assembly), Footwear & Leather (for shoe manufacturing), Healthcare (for medical device assembly), Electronics (for circuit board assembly), and others. The fastest growing application segment in terms of revenue is the Paper, Board & Packaging industry, due to the increasing demand for sustainable and efficient packaging solutions. Hot-melt adhesive is applied using hot glue guns or automated dispensing systems for precise bonding.

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Hot-melt Adhesive Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The hot-melt adhesive market is experiencing significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea). Asia-Pacific is expected to dominate the market with a market share of over 40%, followed by North America and Europe. The expected market share of the hot-melt adhesive market in different regions is projected to increase steadily due to growing demand in various industries such as packaging, automotive, and construction.

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